The government of Javier Milei took a key step in its economic strategy by approving an investment of more than US$250 million in lithium in Catamarca.
The initiative, promoted under the Incentive Regime for Large Investments (RIGI), marks one of the first concrete cases of the program and reinforces the country's productive and export profile.
The RIGI is starting to show real results
.The project, approved by the Ministry of Economy, incorporates Minera del Altiplano
into the regime.The total investment amounts to more than US$251 million and aims to expand production in the Salar del Hombre Muerto, one of the most important deposits in the country.
This is a clear signal to the markets: Argentina is once again attracting large scale investments after years of uncertainty.
More production to position Argentina in the world The
expansion of the Fénix project will increase the annual production of lithium carbonate from 28,500 to 38,000
tons.This represents a significant leap that strengthens Argentina's role as one of the main global players in the lithium market.
The growth occurs in an international context where the demand for the mineral is skyrocketing due to the energy transition and electromobility.
Dollars, Exports and Growth
Lithium is one of the strategic sectors for generating foreign exchange.
The Government is betting on this type of investment to strengthen reserves, increase exports and consolidate macroeconomic balance.
The influx of capital under RIGI reinforces that strategy.
Direct impact on the local economy
One of the most important points of the project is its impact on the regional economy.
60% of the investment allocated to goods, services and infrastructure will be executed by local suppliers.
